News

LONDON BRIEFING: Stocks perk up, AOTI loss narrows with revenue boost
Stocks were called slightly higher on Monday in London, while in Europe the ifo reported some deceleration of job cuts in Germany - although it warned that ongoing uncertainty "could exacerbate the ...
London pre-open: Stocks set for more gains
(Sharecast News) - London stocks were set for more gains on Monday, following their tenth consecutive close in the black at the end of last week. The FTSE 100 was called to open around 15 points ...
LONDON MARKET EARLY CALL: FTSE 100 edges to red after growth warnings
IG says futures indicate the FTSE 100 to open down 1.3 points on Monday. The index of London large-caps closed up 0.1% at 8,415.25 on Friday. Sterling was quoted at USD1.3322 early Monday, higher than ...
Trump's apparent change of heart on Russia "welcome" — UK minister
(Alliance News) - Donald Trump's apparent change of heart about Russia is "welcome", a senior UK minister has signalled. The US president turned his criticism towards Vladimir Putin on Saturday after ...
Mobico shares hit as warns of "significant" loss; sells School Bus arm
(Alliance News) - Mobico Group PLC on Friday said it expects to suffer a "significant" annual loss due to write-offs of goodwill, as it also announced the planned sale of a business.
UK consumer confidence slides amid household bill hikes and US tariffs
(Alliance News) - Consumer confidence in the UK has seen a sharp drop as households grapple with across-the-board bill hikes and face new warnings of rising inflation. GfK's long-running consumer ...
AltynGold profit surges as gold production and gold price climb easily
Gold production rose 13% to 37,279 ounces in 2024 from 33,110 oz in 2023. Ore processed climbed 7.0% to 750,045 tonnes in 2024 from 701,000t in 2023. The average gold price achieved by AltynGold was ...
London close: Stocks end week on a positive note
(Sharecast News) - London stocks finished higher on Friday, even as investors locked in profits following nine straight days of gains, driven by easing trade tensions and hopes of a rate cut by the ...
TRADING UPDATES: Argentex agrees IFX bid; Marula strikes Botswana deal
Argentex Group PLC - London-based currency risk management firm - Agrees GBP3 million cash bid from IFX (UK) Ltd worth 2.49 pence per share. In addition, IFX provides a secured bridging loan of GBP6.5 ...
Reeves moves to block cheap imports undercutting British high street
Currently, imports valued under GBP135 do not have to pay customs duties, but some retailers have argued this gives preferential treatment to firms such as Temu and Shein that make and store products ...
LONDON BROKER RATINGS: HSBC cuts Smith & Nephew to 'hold'
Barclays cuts Smiths Group price target to 2,020 (2,290) pence - 'equal weight' Deutsche Bank Research cuts St James's Place price target to 1,100 (1,200) pence - 'buy' ...
AIM WINNERS & LOSERS: Enteq sees no "realistic prospect" of offer
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.